World News@lemmy.worldEnglish · 11 months ago

A Record 8.5 Million Chinese Borrowers Blacklisted for Not Paying Debts

www.businessinsider.com

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A Record 8.5 Million Chinese Borrowers Blacklisted for Not Paying Debts

www.businessinsider.com

alphacyberranger@lemmy.world to

World News@lemmy.worldEnglish · 11 months ago

A record 8.5 million Chinese borrowers are now blacklisted for not paying their debts, a report says. They're feeling the same financial pressures as Americans. | Business Insider México | Noticias pensadas para ti

www.businessinsider.com

Chinese consumers are defaulting on their credit cards, mortgages, and other debts in droves. Americans are also feeling financial pressures today.

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BitingChaos@lemmy.world
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11 months ago
Punishing the poor and making things harder for them to dig out of their situation is certainly for the best!
- ares35@kbin.social
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  gotta keep the chains tightened somehow!
- foggy@lemmy.world
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  11 months ago
  You didn’t think they would level the playing field before trying enslavement, did ya?

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